Blog

2017 Year in Review


We know that our success depends on the success of our broker and consultant community, so we are always working to find new ways to empower them and make their jobs a little easier. Here’s what we did in 2017 to help brokers and consultants:
 

The New CoreSource Website

Our new, robust digital home is built from the ground up to engage directly with employers, brokers, and members.
 

myCoreSourceWire

This new CoreSource messaging tool enables direct, mobile communication to members with messages of guidance, alerts, and support for greater engagement in cost saving opportunities.
 

Digital Engagement

To help brokers increase engagement with members and facilitate cost controls, we created nine new toolkits, 17 videos, and three webinars.
 

Digital Savings Solution

Brokers can now help employers and members to save money with our new ROI-guaranteed Digital Savings Solution, which empowers consumers to seek out cost-effective care.
 

Reference-Based Pricing [RBP]

For clients looking to explore network alternatives for their plans, we built out reference-based solutions as part of our cost containment options.
 

HRA/FSA Capabilities

Mobile claim upload and enhanced user experiences for members and employers are just two of the new functionalities and capabilities we rolled out for our HRA/FSA clients this year.
 

Simplicity

This one-of-a-kind program supports members’ out-of-pocket responsibilities through advance funding of deductibles and coinsurance while offering members the protection of installment plans at no cost for repayment.
 

PPO Expansion

We built new relationships with Anthem in New York, Georgia and Ohio to expand our PPO network options for CoreSource clients.
 

What’s Next?

We have big plans for this year. Be on the lookout soon for further expansion of our reference based pricing programs to give more PPO network alternative options. In the spring we will be partnering with a leading behavior health company and expanding our options to help plans save on the costs associated with mental illness, stress, and substance abuse. This summer, we plan to implement a program for diabetes clinical support, and a new pharmacy engagement and messaging tool. As we continue our journey together, let us know what we can do to help you, and subscribe to our blog to get all the latest news from CoreSource and find out what we’re doing to help you make 2018 another record-setting year.

Posted on February 07, 2018 in Products & Solutions

Convenience, Cost Transparency, Cost Savings

Healthcare consumers increasingly seek options that are convenient and cost transparent. To meet this growing demand for consumer-centric healthcare, CoreSource is introducing its Digital Savings Solution (DSS).

Posted on November 08, 2017 in Products & Solutions

Self-Funding 101

What is self-funding exactly? Simply put, self-funding is a cost-effective and flexible way to avoid the continually rising premiums of a fully insured plan.

Posted on October 25, 2017 in Self-Funding 101

Beyond Network Discounts

We all love to get a great discount on our purchases— who can resist ads that tout a sales price at 50% off?  But when it comes to evaluating the price for a healthcare service, does a higher discount equal greater savings?

Posted on September 20, 2017 in Cost & Risk Management

Bringing Health Screenings into the Workplace

Introducing onsite health screenings in the workplace is important to the success of any wellness program. Learn more about why they make a difference.

Posted on August 07, 2017 in Health & Wellness

TPA vs. Carrier: More than Discounts

There are three outdated considerations when selecting a health plan provider: network strength, service, and cost. Learn more!

Posted on July 10, 2017 in Self-Funding 101

Creating More Confident Consumers

One of the biggest challenges in today’s healthcare system is the rising cost of providing services. So why not empower members to shop for the best prices?

Posted on June 14, 2017 in Consumer Engagement

Managing the Cost of Specialty Drugs

The rising cost of specialty medications represents one of the top concerns for employers. With CoreSource, you have a way to help control those costs.

Posted on May 25, 2017 in Pharmacy

What Good is a Captive, Anyway?

Small to mid-sized companies find themselves between a rock and a hard place. Do they stay fully-insured and receive double-digit rate increases each year? Or do they look at a self-funded plan and potentially face covering their health plan risks with company resources? That's where captives come in!

Posted on April 20, 2017 in Self-Funding 101

Self-funding and Voluntary Benefits: The dynamic insurance duo

Employers of all sizes share common goals when it comes to their benefits. Read more about how self-funding and voluntary benefits can help companies achieve these goals.

Posted on March 22, 2017 in Self-Funding 101

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